September 2024

The Fed’s decision and the time for market to turn

Posted on Sep 18, 2024


In the September edition of News From Nexus, this was the prediction from Dale Clark, President of Nexus Realty:
“If the Fed [the central banking equivalent in the United States] drops its rate by half a point, the real estate market will begin to turn. People with money will start to come off the sidelines. The time will have come.”
The time came th...

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Real estate tidbits of news from elsewhere in the world

Posted on Sep 11, 2024

In Great Britain, swimming ponds — not swimming pools — have become status symbols. They are natural pools, or garden water features that create a “wild swimming experience.”
And wealthy buyers are snapping them up quickly.
According to a story at bloomberg.com, the swimming ponds are natural enough for frogs and schools of fish, and safe enough from...

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Something to remember when buying that home

Posted on Sep 06, 2024


Now that more homes are likely to be sold, as the real estate market conditions improve, it’s important that buyers make sure to pay attention to something that can be easy to overlook:
Home inspections.
Easy to overlook? You’re looking for a new home. You find it. It’s the perfect house. Home inspection? Well, what if something surfaces about your...

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